Guide to a Balanced Scorecard Performance Management Methodology

From the very beginning of the transition from the traditional purchasing system reviews to the redesigned assessment approach that replaced them, it was understood that further refinement and continuous improvement was planned. Consistent with that long-term strategy, and building on the originally redesigned federal purchasing assessments, the business system assessment models of the PEAmembers have evolved to be more aligned with the Balanced Scorecard (BSC) approach to performance measurement and management, which is currently in use by many “world class” private corporations.......